AB Dynamics plc (LON:ABDP - Get Free Report)'s stock price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 1,945.08 ($24.34) and traded as high as GBX 1,980 ($24.77). AB Dynamics shares last traded at GBX 1,950 ($24.40), with a volume of 4,578 shares trading hands.
Wall Street Analyst Weigh In
Separately, Shore Capital reiterated a "buy" rating on shares of AB Dynamics in a research report on Thursday, September 26th.
Read Our Latest Research Report on AB Dynamics
AB Dynamics Stock Performance
The company has a debt-to-equity ratio of 2.18, a current ratio of 2.20 and a quick ratio of 2.10. The stock has a market capitalization of £447.53 million, a price-to-earnings ratio of 3,305.08, a price-to-earnings-growth ratio of 1.74 and a beta of 0.72. The stock has a 50-day moving average of GBX 1,948.98 and a 200 day moving average of GBX 1,965.69.
AB Dynamics Increases Dividend
The business also recently declared a dividend, which will be paid on Friday, January 31st. Stockholders of record on Thursday, January 16th will be paid a GBX 5.30 ($0.07) dividend. The ex-dividend date is Thursday, January 16th. This represents a dividend yield of 0.26%. This is an increase from AB Dynamics's previous dividend of $2.33. AB Dynamics's dividend payout ratio is 1,186.44%.
Insider Activity at AB Dynamics
In other AB Dynamics news, insider James Routh sold 24,170 shares of the company's stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of GBX 1,900 ($23.77), for a total value of £459,230 ($574,612.11). 28.03% of the stock is currently owned by corporate insiders.
About AB Dynamics
(
Get Free Report)
AB Dynamics plc designs, develops, manufactures, and supplies vehicle test and development systems, and verification products and services for driver assistance systems, autonomous system, and vehicle dynamics. The company offers advanced vehicle testing solutions from physical proving ground automation to large scale virtual testing in simulation; rFpro, a simulation environment for the automotive and motorsport industries; and full-scale track testing services, including ADAS and vehicle dynamics tests, along with applied research, human factors, and simulation.
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